- CEO
- Akio Nitori
- Full Time Employees
- 18,934
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- 6-20, Kamiya 3-chome Tokyo Japan 115-0043
- IPO Date
- Mar 2, 2020
- Business
- Nitori Holdings Co., Ltd. (Ticker: NCLTY) engages primarily in the retail of furniture and home furnishing products through its core Nitori Business segment, which develops, manufactures, and sells a comprehensive range of items including furniture, bedding and linens, kitchenware, storage solutions, and decorative accessories; it also provides real estate rental, advertising, logistics, interior renovation, B2B services, e-commerce, and in-store services such as delivery and assembly. Founded in 1967 and headquartered in Sapporo, Hokkaido, Japan, with key offices in Tokyo and Osaka, the company operates over 1,000 stores worldwide, predominantly in Japan, and maintains a significant presence in Mainland China, Taiwan, and Southeast Asia including Thailand, Malaysia, Singapore, Indonesia, the Philippines, Vietnam, and South Korea, alongside recent market entries in India and expansions in Korea. Subsidiaries such as Nitori Co., Ltd., Home Logistics Co., Ltd., and Nitori Digital Base support its integrated model from manufacturing to retail, emphasizing self-developed private brand products that constitute about 90% of offerings to deliver affordable, high-quality home enrichment solutions. Recent developments include accelerated global expansion with multiple new store openings in 2024 and 2025, such as the 12th store in Malaysia in November 2025, the sixth in the Philippines in September 2025, the fifth in Singapore as its global flagship in August 2025, the fifth in Indonesia in August 2025, the fifth in Korea in June 2025, the first store in India in December 2024, and further outlets in Thailand, Vietnam, and other ASEAN markets; the company entered a capital and business alliance with EDION Corporation to enhance synergies in related product areas, announced a stock split and dividend revisions in July 2025, launched a new 10kg drum-type washer-dryer in November 2024, updated its corporate mission statement in February 2025, and projects net sales growth to ¥988.0 billion for FY2026 amid ongoing store additions and e-commerce enhancements.